Lime Market Overview in Thailand
In value terms, lime production shrank modestly to $ in 2019 estimated in export prices. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of % year-to-year. Over the period under review, production reached the peak level at $ in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.
The size of the lime market in Thailand fell to $ in 2019, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % y-o-y. Lime consumption peaked at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.